VM COMPTA: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
VM COMPTA
Largest movements
- Receivables within one year +€8,983
up €8,983 (+21.7%), from €41,427 to €50,410
of which Other amounts receivable: +€4,992
- Cash -€8,044
down €8,044 (-98.5%), from €8,167 to €123
mainly Receivables within one year (-€8,983) and Current investments (-€6,748)
- Current investments +€6,748
up €6,748 (+22.5%), from €30,010 to €36,758
- Reserves +€7,000
up €7,000 (+9.0%), from €77,500 to €84,500
- Gross operating margin -€7,906
down €7,906 (-37.4%), from €21,150 to €13,244
- Depreciation -€3,946
down €3,946 (-80.1%), from €4,925 to €979
- Taxes -€1,801
down €1,801 (-30.4%), from €5,923 to €4,122
- Financial income +€354
up €354 (+2,529%), from €14 to €368
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Derived cash bridge
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €83,060 | €90,585 | +€7,525 | +9.1% |
| Fixed assets | 21/28 | €2,492 | €1,513 | -€979 | -39.3% |
| Intangible fixed assets | 21 | €1,979 | €1,263 | -€716 | -36.2% |
| Tangible fixed assets | 22/27 | €513 | €250 | -€263 | -51.3% |
| Furniture and vehicles | 24 | €513 | €250 | -€263 | -51.3% |
| Current assets | 29/58 | €80,568 | €89,072 | +€8,504 | +10.6% |
| Amounts receivable within one year | 40/41 | €41,427 | €50,410 | +€8,983 | +21.7% |
| Trade receivables | 40 | €3,445 | €7,436 | +€3,991 | +116% |
| Other amounts receivable | 41 | €37,982 | €42,974 | +€4,992 | +13.1% |
| Current investments | 50/53 | €30,010 | €36,758 | +€6,748 | +22.5% |
| Cash at bank and in hand | 54/58 | €8,167 | €123 | -€8,044 | -98.5% |
| Deferred charges and accrued income | 490/1 | €964 | €1,781 | +€817 | +84.8% |
| Total equity and liabilities | 10/49 | €83,060 | €90,585 | +€7,525 | +9.1% |
| Equity | 10/15 | €82,842 | €90,369 | +€7,527 | +9.1% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €77,500 | €84,500 | +€7,000 | +9.0% |
| Distributable reserves | 133 | €77,500 | €84,500 | +€7,000 | +9.0% |
| Profit (loss) carried forward | 14 | €3,342 | €3,869 | +€527 | +15.8% |
| Amounts payable | 17/49 | €218 | €216 | -€2 | -0.9% |
| Amounts payable within one year | 42/48 | €218 | €216 | -€2 | -0.9% |
| Trade debts | 44 | €78 | - | -€78 | |
| Suppliers | 440/4 | €78 | - | -€78 | |
| Taxes, remuneration and social security | 45 | €140 | €216 | +€76 | +54.3% |
| Taxes | 450/3 | €140 | €216 | +€76 | +54.3% |
| Non-recurring operating income | 76A | - | €34 | +€34 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,925 | €979 | -€3,946 | -80.1% |
| Other operating charges | 640/8 | €980 | €928 | -€52 | -5.3% |
| Non-recurring operating charges | 66A | €482 | - | -€482 | |
| Gross operating margin | 9900 | €21,150 | €13,244 | -€7,906 | -37.4% |
| Operating profit (loss) | 9901 | €14,763 | €11,337 | -€3,426 | -23.2% |
| Financial income | 75/76B | €14 | €368 | +€354 | +2,529% |
| Recurring financial income | 75 | €14 | €368 | +€354 | +2,529% |
| Financial charges | 65/66B | €108 | €56 | -€52 | -48.1% |
| Recurring financial charges | 65 | €108 | €56 | -€52 | -48.1% |
| Profit (loss) for the period before taxes | 9903 | €14,669 | €11,649 | -€3,020 | -20.6% |
| Income taxes | 67/77 | €5,923 | €4,122 | -€1,801 | -30.4% |
| Profit (loss) for the period | 9904 | €8,746 | €7,527 | -€1,219 | -13.9% |
| Profit (loss) for the period to be appropriated | 9905 | €8,746 | €7,527 | -€1,219 | -13.9% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.